Global Medical Equipment Cooling Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Liquid and AirBy Configuration;
Packaged, Modular, and SplitBy Compressor;
Scrull, Screw, Centrifugal, and ReciprocatingBy Application;
MRI , CT , PET, LINAC, and Medical LasersBy End User;
OEMS, Hospitals & Labs, and Diagnostic Treatment Centers & LaboratoriesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Medical Equipment Cooling Market Overview
Medical Equipment Cooling Market (USD Million)
Medical Equipment Cooling Market was valued at USD 231.36 million in the year 2024. The size of this market is expected to increase to USD 312.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.
Global Medical Equipment Cooling Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 4.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 4.4 % |
Market Size (2024) | USD 231.36 Million |
Market Size (2031) | USD 312.32 Million |
Market Concentration | High |
Report Pages | 337 |
Major Players
- Drake Refrigeration, Inc
- Cold Shot Chillers
- American Chillers
- Legacy Chiller Systems.
- Johnson Thermal Systems
- Filtrine Manufacturing Company
- Laird Technologies
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Medical Equipment Cooling Market
Fragmented - Highly competitive market without dominant players
The medical equipment cooling market is experiencing significant momentum as healthcare facilities increasingly adopt advanced imaging and therapeutic technologies. These high-performance systems require reliable cooling to prevent overheating, ensure accurate operation, and extend equipment lifespan—making efficient cooling solutions essential to modern clinical environments.
Rising Demand for Efficient Cooling Solutions
With over 60% of diagnostic equipment malfunctions linked to heat-related issues, thermal regulation has become a top priority. The growing integration of complex systems like MRI scanners and radiation therapy devices is fueling demand for compact, energy-efficient cooling technologies capable of sustaining optimal temperatures during prolonged use.
Innovation and Technological Advancements
Technological innovations are reshaping the market, with liquid-based cooling systems, AI-driven temperature controls, and modular designs leading the way. These advancements have been shown to reduce maintenance frequency and improve operational uptime by nearly 45%, translating to enhanced workflow efficiency and reduced equipment downtime.
Surging cases of chronic illnesses, expanding diagnostic networks, and the shift toward personalized medicine are accelerating market growth. Furthermore, nearly 70% of medical facilities are projected to replace outdated cooling units with sustainable, eco-friendly alternatives, opening new opportunities for next-generation cooling technologies.
Medical Equipment Cooling Market Recent Developments
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In January 2024, Emerson Climate Technologies entered a strategic collaboration with AI specialist Sentient to develop advanced chillers tailored for healthcare settings. This partnership focuses on transforming medical cooling systems through embedded machine learning technologies that adapt to real-time usage and environmental changes. By accurately predicting cooling demands, these AI-powered chillers provide precise thermal regulation, ensuring consistent performance for sensitive medical equipment. The initiative marks a key step toward smarter, energy-efficient cooling infrastructure in the healthcare sector.
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In January 2024, Star Refrigeration, a renowned provider of advanced cooling systems, formed a strategic partnership with GE Healthcare to supply high-performance cooling solutions for MRI machines. This collaboration aims to enhance the thermal management of medical imaging equipment by incorporating precision-engineered cooling technologies. These systems are specifically designed to maintain stable operating temperatures, ensuring superior image quality, improved energy efficiency, and extended equipment lifespan. The alliance underscores a shared commitment to innovation in medical device reliability and performance.
Medical Equipment Cooling Market Segment Analysis
In this report, the Medical Equipment Cooling Market has been segmented by Type, Configuration, Compressor, Application, End User and Geography.
Medical Equipment Cooling Market, Segmentation by Type
The Medical Equipment Cooling Market has been segmented by Type into Liquid and Air.
Liquid-Based Cooling
Liquid-based cooling systems lead the medical equipment cooling market with a commanding 63% share. These systems are essential for regulating heat in high-performance medical equipment such as MRI machines, CT scanners, and linear accelerators. Known for their ability to deliver consistent and efficient thermal management, liquid coolers enhance device reliability and minimize downtime. Their adoption is growing in hospitals and advanced diagnostic centers where continuous, precise temperature control is critical.
Air-Based Cooling
Air-based cooling holds around 37% of the market and serves as a cost-effective alternative for lower-capacity medical devices. These systems are widely used in applications like medical lasers and portable imaging tools where space and maintenance limitations exist. Despite being less efficient than their liquid counterparts, air cooling solutions are gaining popularity in outpatient facilities and developing regions due to their ease of deployment and low operational complexity.
Medical Equipment Cooling Market, Segmentation by Configuration
The Medical Equipment Cooling Market has been segmented by Configuration into Packaged, Modular, Split.
Packaged Cooling Systems
Packaged cooling systems dominate the medical equipment cooling market with a market share of around 47%. Their all-in-one, space-efficient design makes them ideal for healthcare environments that prioritize compact infrastructure and quick deployment. With low maintenance needs and strong operational reliability, packaged systems are widely utilized in hospitals, diagnostic labs, and outpatient clinics where consistent thermal management is essential.
Modular Cooling Systems
Holding approximately 33% of the market, modular cooling systems are gaining popularity for their scalability and energy efficiency. These systems allow for flexible expansion based on facility size and equipment load. They are commonly installed in large medical institutions and imaging centers where high-capacity cooling and system redundancy are necessary to maintain uninterrupted performance.
Split Cooling Systems
Split cooling systems, with a share of about 20%, offer tailored cooling solutions for specific medical equipment or spaces. With indoor and outdoor components operating in tandem, these systems are favored in specialty care centers and mobile healthcare setups. Although their installation is more complex, split systems provide the flexibility and customization needed for unique operational demands.
Medical Equipment Cooling Market, Segmentation by Compressor
The Medical Equipment Cooling Market has been segmented by Compressor into Scrull, Screw, Centrifugal and Reciprocating.
Scroll Compressors
Scroll compressors dominate the medical equipment cooling market, accounting for approximately 42% of the total share. Their compact build, quiet operation, and energy efficiency make them highly suitable for sensitive medical equipment like MRI and CT scanners. Widely adopted in hospital environments, these compressors are valued for their reliability and ease of integration into compact cooling units.
Screw Compressors
Screw compressors hold nearly 28% of the global market and are typically deployed in large-scale healthcare facilities. These systems are designed for continuous, high-volume operation, making them ideal for supporting equipment such as linear accelerators. Their consistent performance and energy savings make them a practical choice for institutions with demanding cooling needs.
Centrifugal Compressors
With a market share of around 18%, centrifugal compressors are primarily used in healthcare complexes and research labs requiring extensive cooling capacity. These compressors are known for their high airflow capabilities and are often integrated into central HVAC systems supporting multiple medical devices. Their adoption is increasing in high-end medical campuses and academic centers.
Reciprocating Compressors
Reciprocating compressors contribute about 12% to the market and are commonly utilized in smaller diagnostic tools or mobile medical equipment. While not as efficient as modern alternatives, they remain in use for their affordability and ability to meet moderate cooling demands, especially in smaller or temporary clinical setups.
Medical Equipment Cooling Market, Segmentation by Application
The Medical Equipment Cooling Market has been segmented by Application into MRI , CT , PET, LINAC, and Medical Lasers.
MRI
The MRI equipment cooling segment dominates the market, reflecting over 40% of installations at diagnostic centers that emphasize the need for effective thermal management. MRI machines generate substantial heat, making robust cooling systems essential for image clarity and equipment longevity. As demand for advanced diagnostic imaging continues to grow, this segment remains a key driver in the medical cooling industry.
CT
CT cooling systems represent around 25% of the overall market, highlighting their vital role in maintaining operational efficiency in high-usage environments like emergency rooms and diagnostic labs. Proper cooling ensures consistent scan quality and prevents overheating, which is crucial given the frequency of CT usage in modern healthcare.
PET
Accounting for approximately 10% of the market, PET scanner cooling is critical to preserving sensitive electronics and sustaining imaging accuracy. With its growing application in oncology and neurology, stable thermal regulation directly impacts patient outcomes and equipment lifespan, reinforcing the need for precision cooling solutions.
LINAC
The LINAC segment, comprising about 15% of the market, underscores the importance of thermal control in radiation therapy equipment. These systems rely heavily on uninterrupted cooling to ensure treatment precision and safety, especially in the fight against cancer. This demand is expected to intensify as more healthcare providers adopt advanced radiotherapy solutions.
Medical Lasers
Medical laser cooling makes up nearly 10% of the market, driven by the increasing popularity of minimally invasive procedures in both surgical and aesthetic fields. Efficient heat dissipation ensures device reliability and safety, particularly in high-energy applications like dermatological treatments and laser surgeries.
Medical Equipment Cooling Market, Segmentation by End User
The Medical Equipment Cooling Market has been segmented by End User into OEMS, Hospitals & Labs, and Diagnostic Treatment Centers & Laboratories.
OEMs (Original Equipment Manufacturers)
Original Equipment Manufacturers (OEMs) lead the medical equipment cooling market with a share of approximately 45%. These companies integrate high-performance cooling systems directly into medical devices, ensuring consistent operation and temperature regulation. The preference for OEM-installed cooling solutions is growing as manufacturers aim to offer turnkey systems with enhanced reliability, compact design, and compliance with international safety standards.
Hospitals & Labs
Hospitals and laboratories hold about 35% of the market and remain key users of external medical cooling systems. These institutions deploy advanced cooling solutions to support a wide array of equipment including diagnostic analyzers, surgical lasers, and laboratory instruments. Their need for high precision and uninterrupted performance makes them a consistent growth driver for the cooling systems market.
Diagnostic Treatment Centers & Laboratories
With a market contribution of around 20%, diagnostic treatment centers and independent labs are emerging as significant adopters of medical cooling solutions. These facilities emphasize operational efficiency and patient throughput, relying on scalable and energy-efficient cooling systems for imaging suites, lab analyzers, and specialized diagnostic tools. Their expanding footprint, especially in urban settings, is fostering steady market demand.
Medical Equipment Cooling Market, Segmentation by Geography
In this report, the Medical Equipment Cooling Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Medical Equipment Cooling Market Share (%), by Geographical Region, 2024
North America
North America remains the leading region in the medical equipment cooling market, capturing an estimated 36% share. The region’s advanced healthcare facilities, widespread use of high-tech diagnostic and therapeutic equipment, and focus on system reliability fuel strong demand for efficient cooling technologies. The U.S. and Canada continue to lead in the adoption of integrated and OEM-supplied cooling solutions.
Europe
With roughly 28% of the market, Europe is a key contributor to the medical cooling equipment sector. Regional growth is supported by national health initiatives, hospital modernization projects, and compliance-driven upgrades to energy-efficient cooling technologies. The strong presence of global OEMs and demand for sustainable systems underpin Europe’s continued momentum.
Asia Pacific
Asia Pacific is experiencing the fastest growth, accounting for nearly 22% of the total market. Emerging economies such as China, India, and Southeast Asian nations are investing heavily in diagnostic centers, hospitals, and manufacturing facilities. Increasing healthcare access and awareness, along with government-led digital health campaigns, are boosting demand for high-quality medical cooling infrastructure.
Middle East & Africa and Latin America
The Middle East & Africa and Latin America regions collectively contribute around 14% to the global market. While growth is currently moderate, improvements in healthcare spending, hospital construction, and clinical diagnostics are gradually driving adoption. International collaborations and mobile health units are playing a key role in expanding access to medical cooling technology.
Medical Equipment Cooling Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Medical Equipment Cooling Market. These factors include; Market Drivers, Restraints and Opportunities.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Emerging Innovations in Medical Cooling Systems
- Rising Need for Equipment Temperature Control
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Stringent Standards Driving Cooling Adoption - The increasing enforcement of regulatory standards in the healthcare industry is significantly boosting the adoption of advanced medical cooling systems. These standards emphasize patient safety, equipment reliability, and energy efficiency, making compliance a key operational priority for healthcare providers. As a result, hospitals and diagnostic centers are proactively replacing outdated cooling systems with models that meet global compliance benchmarks.
Modern cooling solutions are now engineered to align with strict performance and safety criteria set by international health authorities. They are optimized to regulate temperatures for sensitive diagnostic tools such as MRI and CT machines, ensuring consistent functionality and preventing disruptions caused by overheating. Institutions that fail to upgrade face compliance risks, potential penalties, and reputational damage during health audits.
In parallel, environmental regulations and energy efficiency mandates are driving demand for eco-conscious cooling technologies. These solutions are designed to lower energy consumption while maintaining optimal performance, which supports healthcare organizations in reducing operational costs and achieving sustainability goals. Incentives and certifications for green technologies further encourage market adoption.
The convergence of health safety, technological accountability, and environmental mandates has made regulatory compliance a major growth enabler for the medical equipment cooling market. Stakeholders who align with these evolving expectations are not only ensuring legal adherence but also gaining competitive advantages in terms of trust, performance, and long-term value.
Restraints:
- High Installation and Maintenance Costs
- Lack of Awareness Among End Users
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Regulatory Hurdles Limiting Market Entry - The medical equipment cooling market faces considerable challenges due to complex regulatory frameworks that restrict the entry of new manufacturers. These regulations cover critical aspects such as product safety, performance reliability, and environmental compliance. While intended to safeguard healthcare outcomes, these requirements create significant obstacles for companies trying to enter or expand within the market.
Manufacturers are often required to undergo rigorous certification processes involving multiple levels of testing and documentation. This not only prolongs the product launch timeline but also increases operational costs. For emerging companies with limited financial and technical resources, these regulatory obligations can delay growth or dissuade them from entering the market entirely.
In addition to extended timelines, maintaining regulatory compliance is financially demanding. Companies must invest in redesigning equipment to meet compliance benchmarks, securing third-party approvals, and updating documentation to avoid legal complications. The risk of penalties or market withdrawal in case of non-compliance adds further pressure on new entrants.
Although regulatory standards are crucial for quality and safety assurance, their complexity presents a major hurdle. These barriers often tilt the competitive landscape in favor of established players who are better equipped to manage compliance, leaving less room for smaller innovators to thrive.
Opportunities:
- Advanced Cooling Tech Driving Innovation
- Expanding Healthcare Facilities Fuel Demand
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Eco-Friendly Cooling Systems Gaining Traction - The medical equipment cooling market is increasingly embracing sustainability, with eco-friendly cooling systems gaining notable momentum. As the healthcare industry faces mounting pressure to reduce its environmental footprint, there is a growing preference for cooling technologies that support green practices without compromising performance. This shift reflects both environmental responsibility and operational efficiency.
Energy-efficient and low-emission cooling systems are being favored for their ability to minimize power usage and reduce harmful refrigerant emissions. These systems are designed to deliver reliable temperature control for sensitive medical devices while also contributing to long-term cost savings. As a result, healthcare facilities are actively incorporating sustainable cooling solutions into their infrastructure to meet both internal efficiency goals and external regulatory expectations.
Supportive government policies and environmental incentives are also playing a critical role in driving this trend. Programs that offer rebates, tax benefits, or green certifications are motivating healthcare organizations to prioritize eco-friendly technologies. These incentives make sustainability not just a moral decision but also a financially practical one.
This growing demand for green solutions presents a significant opportunity for manufacturers to innovate. Companies that invest in developing compliant, energy-efficient cooling systems are more likely to gain market traction and brand credibility. As environmental consciousness continues to influence procurement decisions, eco-friendly technologies will become an integral part of the medical equipment cooling landscape.
Medical Equipment Cooling Market Competitive Landscape Analysis
Key players in Medical Equipment Cooling Market include:
- Glen Dimplex Group
- Legacy Chiller Systems Inc.
- Filtrine Manufacturing Company, Inc.
- Laird Technologies, Inc.
- Cold Shot Chillers
- KKT Chillers
- General Air Products, Inc.
- Drake Refrigeration, Inc.
- Lytron, Inc.
- Motivair Corporation
- American Chillers
- Parker Hannifin Corp
- Whaley Products Inc.
- Johnson Thermal Systems
- Haskris
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Configuration
- Market Snapshot, By Compressor
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Medical Equipment Cooling Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Emerging Innovations in Medical Cooling Systems
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Rising Need for Equipment Temperature Control
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Stringent Standards Driving Cooling Adoption
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- Restraints
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High Installation and Maintenance Costs
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Lack of Awareness Among End Users
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Regulatory Hurdles Limiting Market Entry
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- Opportunities
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Advanced Cooling Tech Driving Innovation
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Expanding Healthcare Facilities Fuel Demand
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Eco-Friendly Cooling Systems Gaining Traction
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Medical Equipment Cooling Market, By Type, 2021 - 2031 (USD Million)
- Liquid
- Air
- Medical Equipment Cooling Market, By Configuration, 2021 - 2031 (USD Million)
- Packaged
- Modular
- Split
- Medical Equipment Cooling Market, By Compressor, 2021 - 2031 (USD Million)
- Scrull
- Screw
- Centrifugal
- Reciprocating
- Medical Equipment Cooling Market, By Application, 2021 - 2031 (USD Million)
- MRI
- CT
- PET
- LINAC
- Medical Lasers
- Medical Equipment Cooling Market, By End User, 2021 - 2031 (USD Million)
- OEMS
- Hospitals & Labs, and
- Diagnostic Treatment Centers & Laboratories.
- Medical Equipment Cooling Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Medical Equipment Cooling Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Glen Dimplex Group
- Legacy Chiller Systems Inc.
- Filtrine Manufacturing Company, Inc.
- Laird Technologies, Inc.
- Cold Shot Chillers
- KKT Chillers
- General Air Products, Inc.
- Drake Refrigeration, Inc.
- Lytron, Inc.
- Motivair Corporation
- American Chillers
- Parker Hannifin Corp
- Whaley Products Inc.
- Johnson Thermal Systems
- Haskris
- Company Profiles
- Analyst Views
- Future Outlook of the Market